American Axle Business shifts focus from electrification to internal combustion engines and extends cooperation agreement with Ford Motor

Faced with slowing demand for electric vehicles, American Axle's business focus has shifted from electrification to internal combustion engines. CEO David Dauch said that although regulatory and market uncertainties have delayed automakers' decisions, American Axle has maintained strong performance. In addition, American Axle also announced an extension of its cooperation agreement with Ford Motor to continue to provide power transmission units for Bronco and Maverick models.